A row erupted within the Labour Party yesterday over Ed Miliband’s plan to
freeze energy bills. A Shadow Cabinet minister accused Lord Mandelson of
being driven by his own financial interests after the peer said that the
policy could damage Labour’s standing in the business community.

Caroline Flint, the Shadow Energy Secretary, implied that the peer stood to
gain from energy companies as she defended the pledge to freeze energy bills
for 20 months.

A spokesman for Lord Mandelson’s Global Counsel consultancy said it did work
with energy companies, but none that would be affected by the price freeze.